excluding another pandemic, what low do you see LABU being to end of 2020 [wild guess]?
pick that low, sell the naked put (fully costed - no margin) play time decay, close the contract on a 50% drop in the premium
or if you want to own the stock, sell that DOTM naked put, if the contract isnt closed early & you take possession, you have it at a lower cost to either sell it or do a CC.
there is always a vertical call or put spread
where do you see the price range between now & end of 2020 ?
